SEI Network Hits $500M DEX Volume as Holders Adopt Advanced Yield Strategies

The Sei Network is experiencing significant growth, with decentralized exchange (DEX) volume surpassing $500 million in November, driven by expanding liquidity and trader participation. 30-day cumulative volume reached $411.7 million, reflecting steady engagement across protocols.

Holders like Tanaka are shifting from basic staking to innovative yield tools, using iSEI and rSEI tokens to achieve net yields of 15–20%. Tanaka detailed leveraging iSEI from Silo for lending on Takara Lend and Yei Finance, with collateral ratios of 50–60% LTV to minimize risk. He then reinvested borrowed USDC or SEI into SailorFi liquidity pools and Folks Finance, compounding returns weekly.

rSEI, backed by the Sei Foundation, enables safer leveraged yield through Rubicon Staking. Tanaka allocated 70% of his rSEI to Yei Finance and Takara Lend, earning 7–9% APY, while monitoring positions via Zerion and Symphony.

November saw key integrations boosting ecosystem momentum, including Binance joining as a validator, SEI listings on Robinhood, BinanceUS, OKX, and OKJ, and the DTCC listing Canary’s staked SEI ETF. The network crossed 4 billion lifetime transactions, and Monaco Protocol integrated Chainlink feeds. Analysts note a valuation gap, with SEI's market cap at roughly one-thirtieth of Tron's, suggesting potential upside if adoption parity is achieved.

Price-wise, SEI traded near $0.14, with early sessions testing $0.141 before consolidating. The ecosystem's maturity supports consistent performance, attracting more users and reinforcing activity.